VanEck BDC Income ETF (BIZD)

NYSEARCA: BIZD · IEX Real-Time Price · USD
16.04
-0.13 (-0.80%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.80%
Assets $840.53M
Expense Ratio 11.17%
PE Ratio 17.59
Shares Out n/a
Dividend (ttm) $1.76
Dividend Yield 10.96%
Ex-Dividend Date Dec 27, 2023
Payout Ratio 192.86%
1-Year Return +12.40%
Volume 675,055
Open 16.19
Previous Close 16.17
Day's Range 16.02 - 16.19
52-Week Low 13.54
52-Week High 16.62
Beta n/a
Holdings 26
Inception Date Feb 12, 2013

About BIZD

Fund Home Page

The VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US BDC companies whose principal business is to invest in, lend capital to, or provide services to privately held companies. BIZD was launched on Feb 12, 2013 and is issued by VanEck.

Asset Class Equity
Category Financial
Region North America
Stock Exchange NYSEARCA
Ticker Symbol BIZD
ETF Provider VanEck
Index Tracked MarketVector US Business Development Companies Liquid Index

Top 10 Holdings

74.83% of assets
Name Symbol Weight
Ares Capital Corporation ARCC 19.69%
FS KKR Capital Corp. FSK 12.43%
Blue Owl Capital Corporation OBDC 12.36%
Hercules Capital, Inc. HTGC 4.79%
Blackstone Secured Lending Fund BXSL 4.55%
Main Street Capital Corporation MAIN 4.54%
Prospect Capital Corporation PSEC 4.48%
Golub Capital BDC, Inc. GBDC 4.44%
Sixth Street Specialty Lending, Inc. TSLX 4.10%
Oaktree Specialty Lending Co Common Stock Usd.01 n/a 3.46%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 27, 2023 $0.4679 Dec 29, 2023
Oct 2, 2023 $0.4365 Oct 6, 2023
Jul 3, 2023 $0.4193 Jul 7, 2023
Apr 3, 2023 $0.435 Apr 10, 2023
Dec 28, 2022 $0.4227 Dec 30, 2022
Oct 3, 2022 $0.4097 Oct 7, 2022
Full Dividend History

News

These ETF strategies were big winners in 2023. Here's where one CFRA analyst sees them going next year.

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at ETF strategies that have exploded in popularity in 2023, and whether they will con...

3 days ago - Market Watch

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income invest...

15 days ago - ETF Trends

Bank on BDCs as Private Credit Standby

The word “private” draws investors. It implies an aura of exclusivity; human nature being what it is, the unattainable often lures us in.

3 months ago - ETF Trends

BDCs: The Liquid Alternative to Private Credit

By Coulter Regal, CFA, Product Manager In the current market environment where liquidity is highly prized, BDCs present a compelling, liquid alternative to traditional private credit strategies. In th...

3 months ago - ETF Trends

BDCs Showing Stout Credit Resilience

Credit risk is par for the course with many high-yield asset classes and business development companies (BDCs) are no exception. Fortunately, the credit outlook for BDCs is attractive.

4 months ago - ETF Trends

BIZD Has the Goods to Handle Economic Uncertainty

Higher interest rates, among other macroeconomic factors, may imply weakness for some high-yield assets. However, some analysts see higher-quality business development companies (BDCs) holding steady ...

8 months ago - ETF Trends

Pair of Unique Income Sources Could Deliver in 2023

Due to rising interest rates, income investors face plenty of challenges in 2022 as aggregate bond funds have endured double-digit declines. Some corners of the bond market performed less poorly, othe...

Other symbols: CLOI
1 year ago - ETF Trends

Dividend ETFs Ease the Pain of a Down Year

U.S. equity ETFs exposed to highest yield are beating broader markets.

1 year ago - ETFcom

Fed Could Fuel Higher BDC Profits

Plenty of asset classes are feeling the pain of high inflation and Federal Reserve interest rate tightening — scenarios that are making life hard on income investors. However, some income-generating s...

1 year ago - ETF Trends

BIZD: Where the Big Yields Are

Interest rates are rising, but that doesn't mean that government bond yields are yet compelling. It also means that bond prices are declining.

1 year ago - ETF Trends

Bank on BIZD for Big Income

Interest rates are likely to soon rise, but real yields will still be low, prompting many investors to embrace high-income exchange traded funds. Income-hungry investors might want to consider some of...

1 year ago - ETF Trends

BDCs Offer Income, Rising Rates Protection

Interest rates are poised to rise, perhaps as soon as March. However, rates are coming off rock-bottom levels, and even as the Federal Reserve lifts borrowing costs, investors will still encounter inc...

2 years ago - ETF Trends

BDC Finances on Solid Footing, Says Ratings Agency

Business development companies (BDCs) are getting new looks from income-starved investors this year, due in large part to low bond yields. That's a plus for exchange traded funds, namely the VanEck Ve...

2 years ago - ETF Trends

Three Dividend ETFs to Power Your Income Potential

There's no such thing as unwelcome income, and despite rumors that income is hard to find, there are a number of ETFs putting out juicy yields. Here are three dividend-focused ETFs with yields north o...

Other symbols: AMLPSDIV
2 years ago - ETF Trends

Betting on BDCs? Get Important Details on BIZD.

Years of depressed interest rates on government bonds are sending income investors scrambling, with many embracing alternative sources of yield, including business development companies (BDCs). Known ...

2 years ago - ETF Trends

The BIZD ETF: Rising Rate Protection and Yields North of 8%

One of the lessons investors are learning in today's low-yield environment is that if income is desired, it pays to evaluate asset classes beyond traditional bonds and equities. On the alternative inc...

2 years ago - ETF Trends

Looking for the Best of BDCs? Consider ‘BIZD'

With interest rates still low, an assortment of traditional income-generating assets just aren't getting the job done for many income investors. That puts alternative assets in the spotlight, includin...

2 years ago - ETF Trends

ETF Odds & Ends: Another Fund Converts

Plus, additional ETF changes and the launch of two more actively managed ETFs.

2 years ago - ETFcom

The Best, And Worst, Monthly Dividend ETFs

There's an ETF for just about anything we can think of—stocks, bonds, commodities, growth, value, sectors, industries and, of course, high yield.

2 years ago - Forbes

BDCs Have Big Yields, But Consider These Important Factors

The search for yield can take income investors to a wide range of alternative asset classes. Those include business development companies (BDCs), accessible via the VanEck Vectors BDC Income ETF (NYSE...

3 years ago - ETF Trends

The High-Yield Asset Class You May Not Have Come Across

Investors looking for alternative asset classes with eye-catching yields may want to consider business development companies (BDCs), which are accessible in exchange traded funds like the VanEck Vecto...

3 years ago - ETF Trends

Business Development ETFs Like ‘BIZD' Aren't Monkeying Around

In the current low rate environment, fixed income investors don't have time for any monkey business. When it comes to seeking income sources, one promising place to look is business development compan...

3 years ago - ETF Trends

Get Down to Business: High Yields with the BIZD ETF

Investors looking for alternative asset classes with eye-catching yields may want to consider business development companies (BDCs), which are accessible in exchange traded funds like the VanEck Vecto...

3 years ago - ETF Trends

Get Down to Business with the BIZD ETF

The search for added yield and income can take investors to some unique asset classes, including business development companies (BDCs). Often high-yielding, BDCs are accessible in the form of an excha...

3 years ago - ETF Trends

Can Business Development Help Develop Your Portfolio?

Business development companies (BDCs) are playing a vital role amid the COVID-19 pandemic by getting much-needed financing to small, medium-sized, or distressed companies in need of cash. ETF investor...

3 years ago - ETF Trends